Staff Reports
The devastating impact of Bidenomics continues to wreak havoc on the American economy, this time claiming the closure of the popular West Coast discount chain, 99 Cents Only. The retail apocalypse initiated by the Biden administration’s ruinous policies has forced the company to liquidate its entire chain, shuttering all 371 locations by the end of the year. This is just another casualty of Joe Biden’s disastrous economic policies that have plunged the retail sector into chaos.
Popular Store Closing All 371 Locations Across Multiple States – Bidenomics Killed the Chain https://t.co/CA6vTHZSBk
— James Dupeire (@DupeireJames) April 5, 2024
In a desperate attempt to salvage their business, 99 Cents Only announced the “orderly wind-down of its business operations” starting this month. The company cited insurmountable challenges exacerbated by Biden’s economy, including the lingering effects of the COVID-19 pandemic, shifting consumer demand, rising levels of shrink, persistent inflationary pressures, and other macroeconomic headwinds. These grim circumstances left the company with no choice but to close its doors for good.
Despite exploring various options to stay afloat, the retail chain ultimately succumbed to the dire economic climate shaped by Bidenomics. The company’s founder, David Gold, cultivated a loyal customer base by providing quality products, differentiating itself from the typical “junk” items found in dollar stores. However, even this commitment to offering value couldn’t shield the company from the ruthless impact of Biden’s disastrous economic policies.
The closure of 99 Cents Only represents just one of the many casualties in the retail sector as businesses struggle to survive in the wake of Biden’s ruinous policies. Retail giants like Dollar Tree, Target, and Walmart are also feeling the squeeze, with Dollar Tree announcing the closure of 1,000 locations and Target shutting down stores in Democrat strongholds. The widespread devastation in the retail sector underscores the catastrophic consequences of Bidenomics.
The demise of 99 Cents Only and countless other retailers has left thousands of employees without jobs, and it serves as a grim reminder of the toll exacted by Biden’s disastrous economic policies. The retail apocalypse, fueled by Bidenomics, has dealt a crippling blow to businesses across the country, heralding an impending wave of closures and layoffs. The American people are bearing the brunt of Biden’s reckless economic agenda, and the repercussions are reverberating throughout the nation.
